Reported 6 months ago
Generation X, comprising Americans aged 44 to 59, has a significant wealth gap, reflected in their savings account balances. A recent survey by GOBankingRates found that while 36% of Gen Xers have less than $100 in savings, 15% have $101 to $500, and 15% have over $10,000. Financial challenges may stem from providing support to children and aging parents. To boost savings, experts suggest prioritizing personal finances, having open money discussions with family, and seeking professional guidance.
Source: YAHOO